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Dollar to Naira exchange rate update – November 03, 2026
VIA VANGUARD:
The naira traded at about ₦1,347.44 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, November 3, 2026, while the dollar sold for roughly ₦1,395 in the parallel market.
Parallel-market rates vary by location and dealer. Bureau de Change operators quoted ₦1,380 for buying and ₦1,395 for selling.
| Market | Rate (₦/$) | $100 Equals |
|---|---|---|
| NFEM (official) | 1,347.44 | ₦134,744 |
| Parallel (buying) | 1,380 | — |
| Parallel (selling) | 1,395 | ₦139,500 |
The gap between the official and parallel selling rates is about ₦47.56 per dollar.
Nigerians are advised to confirm prevailing rates with authorised dealers before making any foreign exchange transaction.
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